how to spot fake coins


The Fake Pound Coin Database describes this as a “quite an obvious fake” due to its deep edge rim, overly large text and basic ‘blob’ like leaves. At least one buyer has identified these coins as fakes and left negative feedback to that effect. Fakes contain a number of giveaways when you look at the design of the pagoda on the tails side. A genuine coin is used to create a die that is an exact mirror image of the coin. Alert members of the PCGS Message Boards were the first to notify PCGS of the counterfeit coins/holders. Even the most obvious fakes can easily fool anyone who is not a trained expert. Spotting a fake: the pagoda. Ironically, the fakes out there can degrade or artificially boost the amount of money they may get for their genuine coins. With Morgan Silver Dollars as popular as ever, counterfeiters are trying to cash in with advanced forgeries. While most counterfeit coins are easy to spot -- due to improper weight, color, even design details -- the truth is there are many good copies that have fooled some of the most seasoned coin collectors! One of the simplest and cheapest ways to make a counterfeit You are making a mountain out of a mole hill of worry with this one. How to Spot Fake Silver When it comes to determining the legitimacy of a silver coin or bar, your eye and your experience can be the best judge. Perhaps it would be good to define some terms at this point. Their intrinsic value will be just pennies. Analysis of the metal content showed the coin had a .918 silver fineness, above the US Mint standards for a silver circulation coin of the age. Remember the makers of them don't care, they're making a cheap product they sell very cheaply. If the coins are fake they will be composed of copper or a base metal alloy that is plated with a thin layer of gold. As a result, every fake struck from these counterfeit dies will have the same depressions (marks are called “depressions” on counterfeits). All of the counterfeit coins/holders seen so far are coming out of China. Over $3,000 of "gold" coins have been sold by these sellers in less than 24 hours. ANCIENT COINS & MODERN FAKES How To Tell The Difference An Authentication Primer by Dennis J. Kroh The summary of a talk given at the Numismatic Theater during the 99th Annual American Numismatic Association Convention in Seattle on Friday, August 24, 1990. Fake slabs are easier than a really good fake coin to spot. Most of the time, you probably can’t. Here's what to look for in order to avoid buying fake coins. The slightly gold colour of this coin reveals it to be a fake. INTRODUCTION This includes any and all marks, scratches or other issues on the surface of the genuine coin. So, before you start applying corrosive chemicals and tests to your potential silver (we’ll discuss these shortly) be sure to follow these steps: Step 1: Read Up on Known Forgeries So, having seen the outrageous prices that some (often fake) coins bring, they want to get a piece of the action. Struck Counterfeit Coins: A Family of Struck Fake Draped Bust Dollars. REAL, COMMEMORATIVE, GENERIC or FAKE COINS . ... As I have previously stated in other articles one of the best ways to protect yourself from this type of fake … In recent days, counterfeit coins in counterfeit PCGS slabs have begun to appear on eBay, the online auction site. So, how can you spot a fake Morgan Silver Dollar? It's the person that buys it from them who is hoping to sell it for a big profit. They're also older slabs. Of them do n't care, they 're making a mountain out of a mole of! You probably can ’ t, scratches or other issues on the surface of the on. 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